<SEC-DOCUMENT>0001752724-20-002318.txt : 20200108
<SEC-HEADER>0001752724-20-002318.hdr.sgml : 20200108
<ACCEPTANCE-DATETIME>20200108145830
ACCESSION NUMBER:		0001752724-20-002318
CONFORMED SUBMISSION TYPE:	N-CEN
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20191031
FILED AS OF DATE:		20200108
DATE AS OF CHANGE:		20200108
EFFECTIVENESS DATE:		20200108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REAVES UTILITY INCOME FUND
		CENTRAL INDEX KEY:			0001263994
		IRS NUMBER:				200223928
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-CEN
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-21432
		FILM NUMBER:		20515485

	BUSINESS ADDRESS:	
		STREET 1:		C/O ALPS FUND SERVICES, INC.
		STREET 2:		P.O. BOX 328
		CITY:			DENVER
		STATE:			CO
		ZIP:			80201-0328
		BUSINESS PHONE:		3036232577

	MAIL ADDRESS:	
		STREET 1:		C/O ALPS FUND SERVICES, INC.
		STREET 2:		P.O. BOX 328
		CITY:			DENVER
		STATE:			CO
		ZIP:			80201-0328

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UTILITY INCOME TRUST
		DATE OF NAME CHANGE:	20030917
</SEC-HEADER>
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<P STYLE="margin: 0"><B>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.55pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0in">To the Shareholders and Board of Trustees of Reaves Utility
Income Fund:</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.4pt 0 0in">In planning and performing our audit of the financial
statements of Reaves Utility Income Fund (the &quot;Fund&rdquo;) as of and for the year ended October 31, 2019, in accordance with
the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund&rsquo;s internal
control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures
for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not
for the purpose of expressing an opinion on the effectiveness of the Fund&rsquo;s internal control over financial reporting. Accordingly,
we express no such opinion.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.5pt 0 0 0in">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05pt 6.15pt 0 0in">The management of the Fund is responsible for
establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates
and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control
over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund;
(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance
with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance
with authorizations of management and directors of the fund; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use, or disposition of a fund's assets that could have a material effect on the financial
statements.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 4.8pt 0 0in">Because of its inherent limitations, internal control
over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.05pt 4.55pt 0 0in">A deficiency in internal control over financial
reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination
of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement
of the fund's annual or interim financial statements will not be prevented or detected on a timely basis.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.2pt 0 0in">Our consideration of the Fund&rsquo;s internal control
over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies
in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies
in the Fund&rsquo;s internal control over financial reporting and its operation, including controls for safeguarding securities,
that we consider to be a material weakness, as defined above, as of October 31, 2019.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 8.5pt 16pt 0 0in">This report is intended solely for the information
and use of management and the Board of Trustees of the Fund and the Securities and Exchange Commission and is not intended to be
and should not be used by anyone other than these specified parties.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 14.6pt 0 0; text-indent: 5pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0in; text-indent: 0">/s/DELOITTE &amp; TOUCHE LLP</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 345.25pt 0 5pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 345.25pt 0 0in">Denver, Colorado <BR>
December 20, 2019</P>

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